The 2/22/20 Weekend Report Preview

The Dollar

 
The dollar formed a daily swing high on Friday.

Friday was day 35 for the dollar’s daily cycle. That places the dollar in its timing band for a daily cycle low. A close below the 10 day MA will indicate the daily cycle decline. The dollar then should break below the daily cycle trend line before forming its DCL. The dollar is in its daily uptrend and will remain so unless it closes below the lower daily cycle band.

Stocks

 
Stocks formed a daily swing high on Thursday and then closed below the 10 day MA on Friday.

Stocks closed below the 10 day MA on Friday and have begun to turn the 10 DMA lower — indicating that stocks have begun their daily cycle decline. Stocks did back test the previous daily cycle high on Friday. It is possible that if stocks form a swing low on Monday, then we would label Friday as a half cycle low. But if stocks deliver bearish follow through on Monday that would indicate the daily cycle decline. A peak on day 12 would set stocks up for a left translated daily cycle formation which would herald the intermediate cycle decline. Stocks are currently in a daily uptrend and will remain so unless they close below the lower daily cycle band.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

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The 2/15/20 Weekend Report Preview

The Dollar

 
I believe that the dollar was declining into a daily cycle low but that was aborted on day 21 and the dollar has since shot higher.

I am not comfortable with labeling day 21 as the DCL since the 10 day MA did not turn lower. But there has been a change of character since the day 21 low. So while the dollar’s daily cycle count is not clear, what is clear is that the dollar is in its daily uptrend and will remain so unless it closes below the lower daily cycle band.

Stocks

 

The rally out of the DCL has caused stocks to become stretched above the 10 day MA and causing stocks to consolidate this week, allowing the 10 day MA to catch up to price.

There are bearish divergences developing on the oscillators which often precede a cycle decline. Therefore we need to be wary of that the daily cycle will form in a left translated manner. A swing high and close below the 10 day would signal the daily cycle decline. However, stocks are currently in a daily uptrend and will remain so unless they close below the lower daily cycle band.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

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You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 2/08 20 Weekend Report Preview

The Dollar

 
The dollar closed below the 10 day MA, the 200 day MA and the 50 day MA on day 21 to signal the daily cycle decline.

Any other asset that closes below the 3 moving averages listed above would surely continue the cycle decline. But due to the currency manipulation, the dollar regained all 3 moving averages on Monday and then broke convincingly out to new highs through Friday. The new high on Friday, day 26, locks in a right translate daily cycle formation which aligns with the dollar being in a daily uptrend. The dollar will remain in its daily uptrend unless it closes below the lower daily cycle band.

Stocks

 
Stocks printed their lowest point on day 40, placing them late in their timing band for a daily cycle low.

Stocks formed a swing low and closed above the 10 day MA and the declining trend line on Tuesday to confirm the new daily cycle. Then stocks delivered bullish follow through on Wednesday and Thursday. The rally out of the DCL has caused stocks to become stretched above the 10 day MA and may need to consolidate in order to allow the 10 day MA to catch up to price. Stocks are in a daily uptrend and will remain so unless they close below the lower daily cycle band.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 2/01/20 Weekend Report Preview

The Dollar

 
The dollar formed a swing high on Thursday.

The dollar delivered bearish follow through by closing below the 10 day MA, the 200 day MA and the 50 day MA — which confirms the daily cycle decline. Closing below all of those MA’s also signals something more sinister is afoot, which I cover in the Weekend Report. Friday was day 21, placing the dollar in the early part of its timing band for a daily cycle low. A swing low and close back above the 50 day MA would signal the DCL. The dollar is in a daily uptrend. The dollar will continue in its daily uptrend until it closes below the lower daily cycle band.

Stocks

 
Stocks formed a swing low off of the day 36 low. Since 36 days places stocks in their timing band for a daily cycle low, Tuesday’s swing low signaled a new daily cycle.

Stocks failed to close above the 10 day MA to confirm the new daily cycle and then broke lower on Friday, extending the daily cycle decline. Friday was day 40, placing stocks deep in their timing band for a daily cycle low. A swing low accompanied by a break of the declining trend line will confirm the new daily cycle. Still, stocks are in a daily uptrend and will remain so unless they close below the lower daily cycle band.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 1/25/20 Weekend Report Preview

The Dollar

 
The dollar closed above the 200 day MA on Thursday and delivered bullish follow through on Friday.

Friday was day 16 for the dollar’s daily cycle. The new high on day 16 indicates a right translated daily cycle formation. The dollar also closed above the upper daily cycle band. Closing above the upper daily cycle band ends the daily downtrend and begins a new daily uptrend. It also indicates that the intermediate cycle low has been set.
 

Stocks

 
Stocks printed a new daily cycle high on Wednesday, day 33.

Stocks formed a swing high on Thursday and then closed below the daily cycle trend line on Friday to confirm the daily cycle decline. Friday was day 35 for the daily equity cycle, placing stocks in their timing band for a daily cycle low.

Notice that the previous daily cycle decline only lasted 3 days and the swing low formed above the upper daily cycle band. That is a signal that stocks have begun a melt up that is characterized by brief corrections. So it is likely for the DCL to arrive early next week.

While we will not be able to know how long stocks will continue in this melt up what we do know is that this usually ends in a crash. Stock are in a daily uptrend. Will will use a close below the upper daily cycle band as a signal of a larger correction.

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 1/18/20 Weekend Report Preview

The Dollar

 
The dollar closed above the upper daily cycle band on Friday.

The dollar broke below its previous daily cycle low to print its lowest point on day 11. Breaking below the previous daily cycle low forms a failed daily cycle. 11 days is too early for a daily cycle low to form. But closing above the upper daily cycle band signals that the intermediate cycle low has been set — which indicates that day 11 was the daily cycle low. Since a cycle cannot fail then go on to make a new high, a break above the 97.41 would form a high daily cycle high which would have us label day 11 as the DCL. Closing above the upper dialy cycle band signals an end to the daily downtrend and the start of a new daily uptrend.

Stocks

 
Stocks printed a new daily cycle high on Friday.

Friday was day 31 for the daily cycle. That places stocks in their timing band for a daily cycle low. There are bearish divergences developing on the oscillators, which often precede a cycle decline. A swing high and a break below the daily cycle trend line will signal the daily cycle decline. The new high on Friday locks in a right translated daily cycle formation which aligns with stocks begin in a daily uptrend.  Stocks will remain in their daily uptrend unless they close below the lower daily cycle band. 

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

The 1/10/20 Weekend Report Preview

The Dollar

 
The dollar printed its lowest point on day 11. That should have been too early for a daily cycle low to form.

However with the currency manipulation and the conflict in the Mideast it certainly appears as if an early DCL formed. The dollar formed a swing low and closed above the 10 day MA. It is running into resistance at the converging 50 day MA and the 200 day MA. A close above these two moving averages would confirm that day 11 was an early DCL. The dollar is in a daily downtrend.  It will remain in its daily downtrend unless it closes back above the upper daily cycle band.
 

Stocks

 
Stocks printed a new daily cycle high on Friday.

Friday was day 26 for the daily cycle. The new high on Friday locks in a right translated daily cycle formation which aligns with stocks begin in a daily uptrend. There are bearish divergences developing on the oscillators, which often precede a cycle decline. Stocks did printed a bearish candle on Friday, which eases the parameters for forming a daily swing high. A break below 3260.86 will form a daily swing high. Then a break below the daily cycle trend line will signal the daily cycle decline. Stocks are in a daily uptrend.  Stocks will remain in their daily uptrend unless they close below the lower daily cycle band. 

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report

Miner Resilience

When we looked at the Miners on Monday we noted that they late in their timing band band for a daily cycle low and that the oscillators had started to diverge. The Miners appeared to be ready to begin their daily cycle decline. So with the dollar rallying on Tuesday the Miners demonstrated bullish resilience.

The dollar broke below the previous daily cycle low on last week on day 12, which is too early to expect a daily cycle low. The dollar formed a swing low on Thursday and rallied again on Tuesday. Since the dollar’s daily cycle low can stretch to 26 – 30 days, Tuesday’s rally may just be setting up the declining trend line for the dollar as it declines into the pending daily cycle low.

And I think that is what the Miners were sniffing out on Tuesday.

The Miners have been consolidating the since becoming stretched above the 10 day MA as a result of rallying strongly into the year’s end. This allowed the 10 day MA to catch up to price. And if the dollar does compete its daily cycle decline that should ignite the Miners to break bullishly out of consolidation.

The 1/04/20 Weekend Report Preview

The Dollar

 
The dollar broke below the previous daily cycle low on Monday to form a failed daily cycle.

The dollar then delivered bearish follow through on Tuesday. The peak on day 6 sets the dollar up for a left translated daily cycle formation. The dollar did manage to rally on Thursday and test the 10 day MA on Friday. Tuesday was only day 11, which is too early to expect a daily cycle low. Therefore the dollar should be rejected by the 10 day MA and continue its daily cycle decline. The dollar is in a daily downtrend.  It will remain in its daily downtrend unless it closes back above the upper daily cycle band.

Stocks

 
Stocks printed a new high on Thursday, day 20, to indicate a right translated daily cycle formation.

This was a volatile week for stocks. Stocks formed a swing high on Friday. There are bearish divergences developing on the oscillators, which often precede a cycle decline. A break below the daily cycle trend line will signal the daily cycle decline. Stocks are in a daily uptrend.  Stocks will remain in their daily uptrend unless they close below the lower daily cycle band. 

The entire Weekend Report can be found at Likesmoney Subscription Services

The Weekend Report discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker

For subscribers click here.

You can email me at likesmoney@gmail.com to receive a sample copy of the Weekend Report
 

Dollar Decline

The Dollar

 
The dollar was rejected by the 200 day MA on Monday, formed a swing high on Thursday, and then delivered bearish follow through on Friday.

The peak on day 6 sets the dollar up for a left translated daily cycle formation. Closing below the 10 day MA indicates that the dollar has begun its daily cycle decline. A break below the previous daily cycle low of 96.30 forms a failed daily cycle to continue the intermediate cycle decline. The dollar is in a daily downtrend.  It will remain in its daily downtrend unless it closes back above the upper daily cycle band.

In my Special Dollar Report We will look at the big picture for the dollar. I will breakdown how the daily, weekly, and yearly cycles for the dollar.

Along with my Special Dollar Report I am running a 6 week trial subscription special. The 6 week trial subscription you will have will give you full access to the premium site which includes:

1) The Weekend Report, which is posted usually Saturday mornings. It discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles – Which includes the Likesmoney Cycle Tracker.

2) The Mid-Week Update. Posted on Wednesday’s is a review of the daily and weekly charts for the above mentioned asset classes.

3)The Weekend Updates take a look of the daily & weekly charts of the DAX, GYX, NATGAS & XLE.

4) Weekly Update of the Bullish Percentile Bingo

5) Frequent updates of my proprietary FAS Buy/Sell Indicator

The goal of the Weekend Report is to develop an on-going framework of expectations using cycle analysis.

For the Special Dollar Report and 6 week trial subscription offer click here.

Current subscribers can access the report here.